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Aave proposal to launch centralized lending on Kraken’s Ink moves to next phase

cryptoweekly by cryptoweekly
July 21, 2025
in bitcoin, News
0

Aave’s community overwhelmingly approved a proposal to license a centralized version of its lending protocol for deployment on Kraken’s Ink blockchain.

A proposal for the decentralized finance (DeFi) lending protocol Aave to launch a centralized version of its service on the crypto exchange Kraken’s Ink blockchain has received widespread approval among the community.

An Aave request for comment (ARFC) for the deployment of a whitelabel version of Aave v3 for the Ink Foundation, the organization behind the Ink blockchain, was approved with 99.8% of the votes cast in favor.

An ARFC acts as a preliminary offchain vote before proceeding with a full decentralized autonomous organization (DAO) vote. The next phase involves drafting an Aave improvement proposal (AIP) that will be voted onchain.

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  • Bitcoin’s quantum countdown has already begun, Naoris CEO says
  • Ethereum NFTs dominate 7-day sales rankings as ETH nears $4K
  • BitGo files for US IPO as crypto custody business surges
  • Aave proposal to launch centralized lending on Kraken’s Ink moves to next phase
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  • Chinese blockchain Conflux to launch offshore yuan-backed stablecoin
  • Strategy added $740M of Bitcoin as price surged past $122K

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